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Andrew Carnegie was born in a family of weavers.
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Steamed-power looms were introduced in Dunfermline and many hand loom workers were unemployed including Andrew's father.
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Carnegies immigrated in the US. Andrew had formal education onli for a few years and he started to work at a cotton factory with cheap payments. He was hard-working and always had ambitious for the success.
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Carnegie succeeded his boss as railroad division superintendent. He made lots of profits in various business and got the boss's trust.
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After leaving the railroad company, he continued to work in the business world and chased the success. He sometimes used his connections to expand his railroad investments and founded ventures such as an iron bridge company and a telegraph firm.
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He started his first steel company wth his partner near Pittsburgh.
Over next few decades, he ran the compny efficiently through owning factories, materials, and transportation. He created the steel empire. -
Establishment of Carnegie Steel Company
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When his company tried to lower wages at a Carnegie Steel plant, employyes refused to work and protested. The battle broke out and at least 10 men died. It ended union's defeat.
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A banker, John Pierpont Morgan bought Carnegie Steel for $480 million and made Andrew one of the richest man in the world. Also Morgan united Carnegie Steel with otheer steel companies and made the first billion-dollar corporation.
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He was a bibliophile so that he made numerous donations for libralies.
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He was eager to learn and he established the Carnegie Institute of Technology in Pittsburgh, which is now known as Carnegie-Mellon University.
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He died at age 83 and was buried at Sleepy Hollow Cemetery in North Tarrytown, New York.